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Fed's Goolsbee says pace of rate cuts may need to slow
Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate cuts and his openness to doing them more slowly, remarks that underscore the U.S. central bank's debate that it's not about whether,
Fed’s Goolsbee Sees Rates a ‘Fair Bit Lower’ Over Next Year
Federal Reserve Bank of Chicago President Austan Goolsbee said he sees interest rates moving “a fair bit lower,” while expressing confidence inflation is easing toward the central bank’s objective alongside a solid labor market.
Federal Reserve’s likely slowdown in rate cuts could disappoint borrowers
In September, its officials predicted that they would reduce their benchmark rate four times next year, on top of three rate cuts this year. Yet that outlook has swiftly changed. Several surprisingly strong economic reports,
Fed's Goolsbee Expects Rates to Drop 'Fair Bit Lower,' Cautions on Slowing Cuts
Chicago Fed President Austan Goolsbee said Thursday he anticipates interest rates will end up considerably lower within the next year. He cautioned that the Federal Reserve may need to decelerate rate cuts
Bloomberg L.P.
1d
US Debt Load Tops Fed’s Survey of Financial Stability Risks
“Concerns surrounding US fiscal debt sustainability were atop the list this survey, followed by escalating tensions in the ...
Bloomberg on MSN
23h
Trump’s Treasury Pick Wants Shadow Fed Chair, Maybe Weak Dollar
Bessent doesn’t seem to disagree with Trump, and even criticized the
Fed
himself in September after its jumbo rate cut. “If ...
1d
on MSN
'They are fed up': Dem mayor's office demands solution on key issue after voters sent 'resounding message'
In response to the Biden administration loosening key immigration restrictions, New York City Mayor Eric Adams sounded off on ...
Bloomberg L.P.
16h
ECB Can Lower Rates Independent of Fed Moves, Villeroy Says
“The decisions we make at the ECB with Christine Lagarde are independent of those of the
Fed
,” the French central banker ...
1d
Fed survey finds inflation fading as a risk next to debt, trade wars
President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory ...
Wall Street Journal
1d
The Fed Is Planning to Review Its Approach Next Year
Fed
Chair Jerome Powell last week. (Shelby Tauber/Bloomberg
News
) Depending on whom you ask, the Federal Reserve has done ...
2d
The Fed should sell its 70s-era gold stockpile and buy bitcoin to establish a crypto reserve, Sen. Cynthia Lummis says
The US government already owns 203,000 bitcoin worth nearly $21 billion, which it acquired mainly through asset forfeitures.
2d
Here’s What CD Rates Looked Like the Last Time the Fed Funds Rate Was at This Level
CD rates typically follow the direction of the federal funds rate. Though unlike the last time the fed funds rate was 4.50%-4 ...
1d
on MSN
Trump considers Warsh to head Treasury then the Fed - report
Trump is considering nominating Kevin Warsh for Treasury Secretary with a potential lead for the Federal Reserve in 2026, per ...
1d
Fed Plans to Review Its Approach Next Year
Depending on whom you ask, the Federal Reserve has done an admirable job of wrestling inflation back under control, or ...
1d
Fed Announces Details and Focus of Upcoming Framework Review
The Federal Reserve announced more details about its upcoming framework review Friday, including a specific focus on the ...
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